BetMGM Accepted 15,000 Improper Bets in Massachusetts

BetMGM is in hot water in Massachusetts for allegedly accepting thousands of improper bets on college football games. The Investigations and Enforcement Bureau (IEB) revealed its findings during a Massachusetts Gaming Commission (MGC) meeting on Thursday.

The operator took in over 15,000 college athlete prop bets, with stakes totaling more than $200,000. While some states do allow prop wagers on college athletes, these types of bets are prohibited in Massachusetts.

BetMGM did not self-report the violations

An adjudicatory hearing will take place to discuss the statutory violation because of the number of bets and the total sum of money, according to MGC Commissioner Eileen O’Brien. The IEB first noticed the infractions, as BetMGM did not self-report the violations. MGC Chairperson Kathy Judd-Stein noted that she wants to quickly resolve the matter “for the protection of student-athletes.”

Two other compliance issues came up during Thursday’s meeting. The retail sportsbook at MGM Springfield improperly accepted a small wager on an in-state college team that wasn’t participating in a national tournament. Fanatics Betting and Gaming also committed a similar infraction.

• SEO Powered Content & PR Distribution. Get Amplified Today.
• PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
• PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
• PlatoESG. Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
• PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
• Source: https://www.vegasslotsonline.com/news/2024/02/02/betmgm-in-hot-water-for-allegedly-accepting-15000-improper-bets-in-massachusetts/